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Environmental Power opens new corporate headquarters in New York State


April 3, 2008
By Environmental Power Corporation

April 3, 2008, Tarrytown, NY – Environmental Power
Corporation has completed its move to a new corporate headquarters in
Tarrytown, N.Y., relocating from its previous headquarters in Portsmouth, New
Hampshire.

April 3, 2008, Tarrytown, NY – Environmental Power
Corporation has completed its move to a new corporate headquarters in
Tarrytown, N.Y., relocating from its previous headquarters in Portsmouth, New
Hampshire.

The company plans to initially employ approximately 20
people at its new headquarters but expects to grow to 30 full-time employees
over the next year.

“We have a strong array of renewable energy projects across
the country, both under construction and under development,” said Rich Kessel,
president and chief executive officer of Environmental Power. “With the company
poised for significant growth in the coming years, it is more important than
ever for us to have a close connection to the financial community in the New
York region where many of our largest investors are located.”

Environmental Power’s wholly owned subsidiary, Microgy,
Inc., develops renewable energy facilities that generate biogas from
agricultural and food industry waste. This biogas can be conditioned to natural
gas standards and distributed via a commercial pipeline as renewable natural
gas (RNG®).

Microgy currently operates four facilities, including
Huckabay Ridge, the largest RNG facility in North America, which produces an
annual 635,000 MMBtu of RNG – the energy equivalent of 4.5 million gallons of
heating oil. The company’s project pipeline includes a number of large scale
facilities under active development in California, Texas, Nebraska and
early-stage projects being developed with the assistance of Cargill,
Incorporated.


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